By David Parsley2019-07-23T06:57:00
Israeli property group Gazit Globe is set to take total control of the Atrium Real Estate in a deal that values Atrium at €1.4bn (£1.26bn).
Gazit has made an offer of €3.75 a share for the 40% of Atrium it does not already own via a wholly-owned subsidiary. The offer represents an 18% premium to Atrium’s shares and is recommended by its board.
You must be logged in to continue
Register for free to finish this article
Due to the unprecedented challenge facing our industry at this time propertyweek.com will be entirely free to view to all users until 19 April. Register now to benefit from the following:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.